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Disclaimer: Canara Bank is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Canara Bank for personal loans. No offers/services from Canara Bank are being provided by Paisabazaar for personal loans. For further information about Canara Bank for personal loans, users are required to reach out directly to Canara Bank.
Canara Bank Personal Loan EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Personal Loan Interest Rate Comparison of different Banks
| Banks/NBFCs | Interest Rates(p.a.) | |
| HDFC Bank | 10.85% onwards | Apply Now |
| Axis Bank | 11.25% onwards | Apply Now |
| Kotak Mahindra Bank | 10.99% onwards | Apply Now |
| ICICI Bank | 10.85% onwards | Apply Now |
Apply for Personal Loans at Low Interest Rates Apply Now
Factors affecting Canara Bank Personal Loan EMI
Interest Rates
Canara Bank Personal Loan interest rates start from 11.40% p.a. onwards. The applicants availing personal loans at lower interest rates have to pay lower EMIs and interest cost. Therefore, the applicants should compare the personal loan interest rates offered by as many lenders as possible before applying for Canara Bank Personal Loan.
Loan Amount
Canara Bank offers personal loans for loan amounts of up to Rs 7 lakh. The EMI and interest cost would be higher for higher loan amounts. Note that the maximum personal loan amount that an applicant can avail would primarily depend on their repayment tenure and repayment capacity.
Repayment Tenure
Canara Bank Personal Loans are offered for tenures of up to 10 years. The personal loan applicants can opt for longer repayment tenures in order to pay lower EMIs. However, the total interest cost of their personal loan might increase.